both of them, senator john mccain joins me. >> frankly, i didn't expect the president to do that poorly. >> he knows when to hold them and when to fold them. ♪ know when to walk away and know when to run ♪ >> the legendary kenny rogers, taking on politics -- >> in all fairness i really wanted obama to be a great president. >> and talking about his music and his love life. oh, s, and we sing a duet. ♪ islands in the stream ♪ that is what we are >> this is "piers morgan tonight." >>> we begin with tonight's big story with just 32 days before the election, the new jobs report numbers are out and they are shaking up the race again. the unemployment rate fell to 7.8%, the lowest since january 2009, when president obama was inaugurated. he is hoping the new numbers will bring him a second term. he and governor romney know the election's all about the economy and both men were trading jabs today in the battleground state of virginia. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too

right to tonight's big story. we're with john mccain, former presidential candidate, and he joins me now. welcome to you, senator. >> thank you, piers. >> when it comes to the debate, you were one of the only people, actually, who has debated both barack obama and mitt romney, so you are in a unique place to tell me what you made of both of their performance. whatever way you spin this from the republican side, the job front has to be good news not only for the president but also america, but the number has now gone down to 7.8% for the first time since 8% of his presidency. >> i think that's found to be good news, but i also think you have to take it in the context that 7.8% is still unacceptably high. but it is good news, and i think it's going to be of some help to the president, but certainly with the numbers of unemployed americans we have now, the 23 million, i guess it is, it's still an unacceptable situation. i think the president will concede that. >> jack welsh said today, unbelievable jobs numbers. these chicago guys will do anything, can't debate so change the numbers. is the

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